T.UEC Launches Wyoming Hub and Spoke Platform with Filing of S-K 1300 Technical Report Summary

This filing marks the largest S-K 1300 uranium resource reported in the United States combining the acquired Uranium One Americas, Inc.’s (“U1A”) assets with UEC’s Reno Creek Project. The Irigaray Processing Plant is the Hub central to seven satellite projects across the Powder River Basin and Great Divide Basin, four of which are fully permitted, …

China Nuclear Power Co’s first-quarter electricity output up 15.5per cent

China National Nuclear Power Co’s first-quarter power generation increased by 15.5per cent from the same period last year, with renewables growth outpacing its dominant nuclear arm. Total power output was 47 billion kilowatts hours (kWh) in the first three months of 2022, including 44.3 billion kWh from nuclear power stations and 2.69 billion kWh from …

Indian minister provides uranium, construction updates

India has imported just over 7600 tonnes of uranium in the past three years, mostly from Kazakhstan and Canada, according to official figures released by the government. Minister of State Jitendra Singh provided the data, as well as figures for domestic uranium production, and updates on nuclear construction projects, in written answers to questions in …

Ministers confident of funding new nuclear power ‘considerably cheaper’ as part of energy strategy

Changes to nuclear funding model and desire for greater energy security behind big bet on nuclear Ministers are increasingly confident of being able to fund a set of new nuclear power stations at a fraction of previous costs as the Government prepares to make nuclear power the centre point of its energy strategy this week. …

US energy developer backed by a fund linked to Elon Musk the latest that wants to build nuclear power plant in Wales

A company backed by investor in Elon Musk’s businesses is the latest to say that it wants to build a nuclear power plant in Wales. Last Energy is now the third company that wants to build nuclear power plants in Wales, having settled on a not yet named site within the country. They would join …

Britain could build seven nuclear power stations, minister says

Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine, Business Secretary Kwasi Kwarteng told The Sunday Telegraph. “There is a world where we have six or seven sites in the UK” by 2050, Kwarteng told the newspaper. The Sunday Telegraph …

Nuclear Energy (Financing) Bill completes passage through Parliament

The Nuclear Energy (Financing) Bill had its third reading, a chance for members to make sure the eventual law is effective, workable and without loopholes, on Wednesday 30 March.  The Nuclear Energy (Financing) Bill will provide finances for new nuclear power stations by introducing a regulated asset base (RAB), which empowers the economic regulator to levy charges on …